December 8, 2022
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Electricity, Energy, Power & Water

SPNEC final Offer Price of its SRO is Php 1.50 per Rights Share

Stock Rights Offering (SRO) of Solar Philippines Nueva Ecija Corporation (SPNEC) SPNEC informed the Philippine Stock Exchange (PSE) that the final Offer Price of its SRO is Php 1.50 per Rights Share. The Offer Price represents a 14% discount to the 15-day volume-weighted average price of SPNEC’s Common Shares as of August 17, 2022. Solar […]

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Electricity, Energy, Power & Water

ACEN-DBS Green Long-Term Revolver

ACEN announced today that it and its subsidiary, ACEN Australia, and DBS Bank Australia, executed a Common Provisions Agreement and a Facility Agreement for a AUD 100 million green long-term revolving loan facility. The loan will provide capital financing for ACEN’s eligible green assets in Australia as part of its strategic aspiration to grow its […]

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Electricity, Energy, Power & Water

SPNEC expanding flagship project to be world’s largest solar farm

Solar Philippines Nueva Ecija Corporation (SPNEC) is allocating proceeds from its various capital raises to complete securing at least 2500 hectares in the provinces of Nueva Ecija and Bulacan for a planned 3.5 GW solar farm.   This would mark SPNEC’s expansion of operations in the same area of the land secured for its 500 […]

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Electricity, Energy, Power & Water

SPNEC looking to complete share swap by the end of 2022

With the Stock Rights Offering (SRO) of Solar Philippines Nueva Ecija Corporation (SPNEC) on track to be completed over the coming weeks, the company has indicated this would pave the way for the completion of its asset-for-share swap with its parent company, Solar Philippines. In response to a question at a briefing on August 12, […]

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Electricity, Energy, Power & Water

Alsons Reports Net Income of P689 Million for the First Half of 2022

Alsons Consolidated Resources Inc., (ACR) posted P689 million in net earnings for the first half of 2022 from the P871 million recorded in the first half of 2021. The publicly-listed company of the Alcantara Group reported net earnings of P364.93 million for the second quarter of 2022 from P492.39 million in the same period last […]

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